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Oct 27, 2012 7:00pm EDT
. >> to want to talk about the nation's deficit, the fiscal cliff, debt. given national debt of $16 trillion. we are facing difficult with. all that has, left as has what do we do about it? there has been more talk about could the two parties do a grand bargain? something like you might see with the simpson bowles commission theory where it is a policy that says it will have $3 a dose spending cuts for every $1 in tax revenue increases. we are going to cut tax rates and eliminate possible deductions. cut entitlements. it will be pain involved but it will work money off the debt. could you support that? >> of my own plans on the table. i want to be able to put in the same thing i did when i was governor. a proposal that said every state agency had to take a 5% reduction and then redesign the department terry apple to the same thing to the federal government. -- and then redesign their departments. iw an want to do the same thingo the federal government. if you give secretaries the power to reduce their budget or take 5% and say reorganize their budget, it would be surprised. a much better sti
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